Losses from credit and debit card fraud jumped 25% last year to reach £535m, driven by a surge in crimes being committed overseas by criminals using stolen UK card details, figures showed today.
There was also a sharp rise in incidents of so-called card-not-present fraud, when people's card details are used to buy goods online, by phone or via mail order.
Read on at:
http://www.guardian.co.uk/money/2008/mar/12/creditcards.scamsandfraud?gusrc=rss&feed=networkfront
Business travellers should be alert to this risk when overseas. To come to check out at a hotel and find that your credit card’s allowance has been reached would be……awkward!
ARC’s one-day Business Travel Security Workshop is intended to make travellers more savvy to the risks they are exposed to during travel, and the means to best mitigate each. The programme runs on 7 July and 20 October, and can also be delivered in house to your travelling staff.